Suraj (BOM:531638) Days Inventory: 306.12 (As of Jun. 2026) — 89% Above Median

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BOM:531638 Suraj Ltd BOM:531638
63 GF Score
Price ₹215.05
GF Value ₹213.78
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Suraj Days Inventory?

Suraj BOM:531638 -3.15% 63 Days Inventory is 306.12 as of Jun. 2026, which is 89% above its 10-year median of 161.96. GuruFocus rates BOM:531638 with a GF Score™ of 63/100 and a GF Value™ of ₹213.78 (Fairly Valued). The stock has 3 warning signs investors should review. Among 582 Steel companies, Suraj ranks worse than 88.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Suraj's Average Total Inventories for the three months ended in Jun. 2026 was ₹629 Mil. Suraj's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹188 Mil. Hence, Suraj's Days Inventory for the three months ended in Jun. 2026 was 306.12.

The historical rank and industry rank for Suraj's Days Inventory or its related term are showing as below:

BOM:531638' s Days Inventory Range Over the Past 10 Years
Min: 36.71   Med: 161.96   Max: 230.96
Current: 182.36

During the past 13 years, Suraj's highest Days Inventory was 230.96. The lowest was 36.71. And the median was 161.96.

BOM:531638's Days Inventory is ranked worse than
88.83% of 582 companies
in the Steel industry
Industry Median: 86.57 vs BOM:531638: 182.36

Suraj's Days Inventory increased from Jun. 2025 (142.07) to Jun. 2026 (306.12). It might indicate that Suraj's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suraj's Inventory Turnover for the three months ended in Jun. 2026 was 0.30.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Suraj's Inventory-to-Revenue for the three months ended in Jun. 2026 was 1.61.


Suraj  (BOM:531638) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Suraj's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Suraj's Inventory to Revenue for the three months ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Suraj Days Inventory Related Terms


Suraj Days Inventory Historical Data

* Premium members only.

The historical data trend for Suraj's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Suraj Days Inventory Chart

Suraj Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.34 52.92 36.71 79.19 129.94

Suraj Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.07 169.06 121.47 244.81 306.12

BOM:531638 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Suraj's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suraj Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Suraj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suraj's Days Inventory falls into.


BOM:531638
63GF Score
Suraj Ltd BOM:531638
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suraj Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Suraj's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (523.288 + 629.346) / 2 ) / 1618.837*365
=576.317 / 1618.837*365
=129.94

Suraj's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (629.346 + 0) / 1 ) / 187.601*365 / 4
=629.346 / 187.601*365 / 4
=306.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 306.12 mean?
Suraj (BOM:531638) has a Days Inventory of 306.12 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Suraj and its competitors. This is 89% above median its historical median of 161.96. Over the past decade, Suraj's Days Inventory has ranged from 36.71 to 230.96. According to the industry distribution chart, Suraj ranks #517 out of 582 companies in the Steel industry, placing it in the top 88.8%.
Is Suraj's Days Inventory too high?
Suraj's current Days Inventory of 306.12 is 89% above median its 10-year median of 161.96. Over the past 10 years, this metric has ranged from a low of 36.71 to a high of 230.96. The Steel industry median Days Inventory is 86.57. Suraj's value of 306.12 is 253.6% above this industry median. Based on the distribution chart, Suraj ranks #517 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Suraj has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suraj's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Suraj ranks #517 out of 582 companies for Days Inventory. This places Suraj in the lower half of its industry. The industry median Days Inventory is 86.57. Suraj's value of 306.12 is 253.6% above this benchmark. Historically, Suraj's own Days Inventory has ranged from 36.71 to 230.96 over the past decade. While the company's 10-year median is 161.96 vs. the industry median of 86.57, Suraj has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Suraj's current Days Inventory of 306.12 is 253.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Suraj and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suraj's current Days Inventory is 306.12, which is 89% above median its own 10-year median of 161.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj stock overvalued right now?
Based on GuruFocus' analysis, Suraj (BOM:531638) is currently considered Fairly Valued. The stock's GF Value™ is ₹213.78, compared to a current price of ₹215.05 — trading 0.6% above its estimated fair value. The current Days Inventory is 306.12, which is 89% above median its 10-year median of 161.96 and 253.6% above the Steel industry median of 86.57. Suraj's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Suraj (BOM:531638), the current Days Inventory is 306.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Suraj (BOM:531638) Overvalued in 2026?

Based on GuruFocus' analysis, Suraj stock appears to be overvalued. The current stock price of ₹215.05 is trading 0.6% above its estimated GF Value™ of ₹213.78. GuruFocus considers Suraj to be Fairly Valued.

Key valuation signals for BOM:531638:

  • Days Inventory: 306.12 (89% above median its 10-year median of 161.96)
  • GF Value™: ₹213.78 vs. price of ₹215.05 (0.6% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 253.6% above the Steel median (#517 of 582)

No single metric tells the full story. See the BOM:531638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suraj Business Description

Other Exchanges SURAJLTD:India
Address Ashram road, Opposite Usmanpura Garden, Suraj House, Ahmedabad, GJ, IND, 380014
Suraj Ltd is manufacturer of Stainless-Steel Seamless Pipes, Tubes and "U" Tubes, Flanges & Fittings with Electro polishing having plants at Thol and Chandarda, Mehsana, Gujarat. Its products find application in important industry segments like pharmaceuticals, dyes & pigments, Oil, Gas, Refinery, etc. The Company has only one segment. The company's products are Seamless Heat Exchanger Tubes, Seamless Heat Exchanger 'U'-Tubes, Seamless Instrumentation Tubes, Seamless Pipes, Seamless Buttweld Fittings, Flanges & Stubends, Forged Rings, Carbon Steel Tubes, Copper and Aluminum Recycling, and Precision Steel Tubes.
63GF Score

Get the complete analysis for BOM:531638

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹215.05
Price
₹213.78
GF Value